About the Fife Pension Fund
Find out more about how the fund is governed.
Find out more about how the fund is governed.
If you join the scheme and stay in it for at least 2 years, you will get a pension paid to you when you retire.
Members include people who work for Fife Council, and a whole range of other organisations such as local colleges, scheduled and admitted bodies.
For a list of our current employers, click here.
The LGPS is a statutory scheme. This means that it is very secure because the amount members are paid in retirement is defined and set out in law.
Teachers and operational staff in the police and fire and rescue service have their own pension schemes and are not part of the LGPS.
The Fife Pension Fund is run by Fife Council.
This means that Fife Council is the "administering authority" in the Local Government Pension Scheme Regulations.
Fife Council has set up the Pensions Committee to make decisions and take responsibility for management of the fund.
Administering authorities have to act in the interests of all employers, members and their dependants within the fund. The role of the administering authority is very similar to that of a trustee.
The Pension Team at Fife Council are responsible for the day to day administration of the scheme.
The Pensions Committee oversees the management of Fife Council and act as trustees of the Fund.
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Governance arrangements for pension schemes in the public sector require Fife Council, as an administering authority for the LGPS (Local Government Pension Scheme), to have in place a local pension board.
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